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Welcome back to the Retirement Answer Man Podcast. My name is Roger Whitney and I am the Retirement Answer Man. On this week\\u2019s episode, I will be answering several listener questions about dementia, HSA\\u2019s, and next level investing. I\\u2019ll also outline the road to \\u201cbrokesville\\u201d so that you can steer clear of catastrophe in your retirement planning. Come along with me as we discuss how to learn from your mistakes to create a great retirement. Stay tuned to this episode to hear it all!
Not many people choose to be broke, but we often walk down paths that lead us straight to \\u201cbrokesville\\u201d and a stressful retirement. In this week\\u2019s episode of the Retirement Answer Man, I\\u2019ll outline 7 major mistakes that can lead you down this road. Listen up and take notes, you\\u2019ll want to make sure you avoid these pitfalls and learn from your mistakes.
As we get older our memory isn\\u2019t always what it used to be. For some, it can go as far as full blown dementia. How can you safeguard your investments or your parent\'s investments from lapses in judgment or memory? Well, a listener wrote in with this very question. I\\u2019ve got some practical tips for him to protect the security of his family\'s investments. Make sure you listen to this episode to find out how.
I\\u2019m sure you have heard it said, \\u201cIdentify your weaknesses and work on them.\\u201d This is often a good idea in order to grow as a well-rounded individual, but in the area of retirement I say work on your strengths and delegate your weaknesses. Our strengths are what make us happy and keep us feeling fulfilled while our weaknesses often times do the opposite. If you can find someone who is strong in areas in which you are weak and delegate to them, you will find yourself feeling happier and more optimistic about your future retirement.
This week I challenge you to have a hard conversation with yourself. Walk through each of the steps to \\u201cbrokesville\\u201d and ask yourself if they are true of you. You may find that you are making some of these mistakes right now. Face the hard truths and make the changes necessary to build a better future. Make sure you listen to this entire episode of Retirement Answer Man to hear what to avoid.
Contact Roger: http://www.rogerwhitney.com/retirementanswers/
Roger\\u2019s retirement learning center: www.RogerWhitney.com/learn
The Retirement Answer Man Facebook page: www.Facebook.com/RetirementAnswerMan
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